The macro scenario remains challenging, as highlighted in recent analyses. However, this entry is based on key technical factors:
🚀 A new long-term uptrend?
To mitigate uncertainty, the entry was executed with an average price of $4.73 and an initial stop at $4.00.
- Volume Profile: Highly concentrated over a 378-day analysis in the $3.18 - $3.95 range.
- Increasing Volume: Vertical volume has been rising since 01/13/2025.
- Heiken Ashi Breakouts: Confirmed on both weekly and monthly charts.
- Key Support Levels: Aligned with the 3-month and 1-year simple moving averages.
🚀 A new long-term uptrend?
To mitigate uncertainty, the entry was executed with an average price of $4.73 and an initial stop at $4.00.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.